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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: GROUND ZERO™ who wrote (18464)5/5/2011 1:56:45 PM
From: cycleupcycledown  Read Replies (1) of 219481
 
Astro guy called it ( from Merrimans free weekly preview)....April 25 2011.....Longer-Term Thoughts

“Even in the U.S., Americans are buying commodities (oil per barrel: $111) and gold ($1500 an ounce) as a dollar hedge, and the state of Utah recently took steps to make it easier for citizens to buy and sell gold as a de facto alternative currency. Whether or not these prove to be wise investments, they are certainly signals of mistrust in Washington’s economic stewardship.”
- Wall Street Journal editorial page, April 21, 2011.

The quote above says it all. Onward and upward over the proverbial “Wall of Worry” goes the “Asset Inflation Express” of Jupiter and Uranus in Aries through the next few weeks, along with three other planets. The rhetoric will likely be confrontational and hostile with Aries highlighted, but the financial markets will offer great profit opportunities and dangerous loss possibilities. It is not a time for the meek to inherit anything, let alone the Earth. The future is now for the bold and assertive. It will start to change as we progress through the month of May and into June. In the meantime, this has been an excellent period for our weekly and daily subscribers. Position traders have remained long the stock indices since last November when the DJIA dipped below 11,000, and long Gold for several weeks from 1260/ounce. Aggressive traders are also long Gold and Silver and Soybeans, as has been the case several times over the past several months (our reports give recommendations for both position and aggressive traders). But we will soon be exiting these long-term positions after all this time.
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